Wednesday, December 7, 2016

Why Milennials Will Never Get Out of Their Parrental Basements

Reuters:
Starbucks courts millennials with $10 coffee at new Reserve bars
"There is always a market for what is different, special and rare, but the minute you become so available that anyone can get what you are selling, you lose your cachet," said market researcher Robert Passikoff, president and founder of Brand Keys.
Making money selling young people something over-priced because it makes them "special."  And the ultimate tragedy.  12/6/16 CNN Money:
Montclair State University's food pantry is tucked away down a maze of hallways in the student center. Like the hunger problem on campus itself, the pantry is not quite out in the open.
It opened on the New Jersey college's campus in April, after administrators started hearing from students who said they were hungry and didn't have enough money for food. They surveyed students, finding that more than half said they or someone they know experiences "food insecurity" -- the lack of access to affordable, nutritious food.

On one Thursday in December, 33 students visited the food pantry, taking what they need to help make ends meet. They left with bread, cereal, milk, spaghetti, canned vegetables, as well as personal items like shampoo and soap.
Too many Starbucks' visits?

1 comment:

Billy Oblivion said...

At any decent school students will have a range of wealth. Some are trust fund kids, some are middle class kids with middle class parents helping them through, and some are dirt poor.

When I was in college I ate Ramen noodles twice a day for a month while unemployed. Another time, for quite a while, lunch was a bowl of rice and soy sauce. Cream cheese bagel was a luxury.